PORTERO
PORTERO is a Texas gas lease in Jim Hogg County, Railroad Commission district 04, operated by Mestena, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2001 to August 2026, totalling 2,914,570 thousand cubic feet. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $85K, with roughly $37K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,267 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 2,686 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PORTERO
- Who operates PORTERO?
- PORTERO is operated by Mestena, Inc., Railroad Commission of Texas operator number 562073.
- Where is PORTERO?
- PORTERO is a Texas gas lease in Jim Hogg County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 181503.
- Is PORTERO still producing?
- PORTERO is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PORTERO is August 2026.
- How much has PORTERO produced?
- PORTERO has reported 2,914,570 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2001 and August 2026, from 1 wellbore.
- How much is PORTERO worth?
- The remaining production from PORTERO is estimated to be worth about $85K in total as of 27 August 2026, within a range of $71K to $100K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PORTERO is a fraction of it. The estimate fits an Arps decline curve to the production PORTERO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PORTERO is an estimate of value, not an offer and not an appraisal.
- How much income does PORTERO generate in a year?
- PORTERO is forecast to net about $37K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PORTERO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mestena, Inc. |
|---|---|
| Field | Coyote, South (Queen City) |
| County | Jim Hogg County, Texas |
| RRC district | 04 |
| Lease number | 181503 |
| Wellbores | 1 |
| Reported production | 2,914,570 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $85K |
Where PORTERO sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.